Demolit – Abbruch GmbH Files for Restructuring Amidst Financial Difficulties
Graz, Austria – Demolit – Abbruch GmbH, a demolition and recycling company based in Graz, Austria, has initiated restructuring proceedings due to insolvency. The company, established in December 2015, is facing financial challenges stemming from payment defaults, contract cancellations, and unsuccessful major projects.
Company Overview
Demolit – Abbruch GmbH specializes in demolition and recycling function and construction. The company’s registered address is Zoisweg 6, 8041 Graz, Austria. As of January 24, 2026, a modification was registered with the Firmenbuch regarding the company’s status [Kompany].
Financial Situation
According to information available, the company’s creditors are owed approximately EUR 708,000 at liquidation values. Liabilities are estimated at around EUR 3.265 million, partially replacing equity. [Kompany]
Restructuring Plan
A restructuring plan has been proposed, offering creditors a quota of 30% of their claims, payable within 24 months of the plan’s acceptance. The plan aims to generate income through the continued operation of the company.
Key Personnel and Ownership
Anton Grübler is the Managing Director (Geschäftsführer) of Demolit – Abbruch GmbH. Shareholders include Anton Grübler (43% ownership, EUR 15,050 investment), Brigitte Horvath (5% ownership, EUR 1,750 investment), and Pongratz Bau Gesellschaft m.b.H. (52% ownership, EUR 18,200 investment). [Kompany]. According to Demolit’s website, Anton Grübler and Pongratz Bau GmbH have over 30 years of experience in the demolition sector, previously operating under the name “Pongratz Spezialabbruch” until 2016.
Procedural Timeline
- First Creditors’ Meeting: February 26, 2026
- Reporting and Audit Meeting: April 16, 2026
- Special Audit, Final Accounting & Restructuring Plan Meeting: May 7, 2026
- Registration Deadline: April 2, 2026
Restructuring Administrator
KWP bankruptcy processing GmbH, represented by Mag. Laura Wuntschek-Hörtler, has been appointed as the restructuring administrator. [Kompany]
Future Outlook
The restructuring administrator will assess the viability of the restructuring plan and determine whether continuing operations is in the best interest of the creditors. The success of the restructuring hinges on the company’s ability to generate sufficient income to meet its obligations.